Analyst: PH market recovery still fragile; Best play still defensive quality names | ANC

Market Edge: Sun Life Philippines' Patrick Ella expects that a rate hike by the U.S. Federal Reserve will have a negative impact on equity markets. That's as the FED moves up its timeline for policy tightening, seeing two rate hikes in 2023. Ella believes the current PSE recovery is still fragile, thus the best play is still defensive quality names at this point.

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Видео Analyst: PH market recovery still fragile; Best play still defensive quality names | ANC канала ANC 24/7